No, you're supposed to be impressed by the recording capabilities of a tiny camera in a pair of sunglasses as one of the features.

Impressed for $1500?

That's not going to be the market price, that's the price for a prototype, which makes sense. They don't really have this available fully to the public, but if you're really hyped to get it, you can get the prototype.

I want to see a REAL demo, like see how this actually looks and works. I watched the video and was like, wheres the demonstration? Where are they showing us their use. Then it states it was filmed with them... I didn't know how to react... Pointless? They used a camera to record... bah! Had expectations of getting some info, got nothing.

It's not the same as a smartphone attached to a helmet in a various of other situations. One of the strengths of the glasses are the fact that they have the form factor of glasses, they aren't rectangular and need you attention separate from your environment.

For example,
walking though the streets while you're in a hangout with friends would greatly benefit the glasses because you look dumb doing it with a smartphone.

I personally thing google is trying to get the hardware down first, like how good of a camera, speaker, etc. is needed instead of software that would display data or in this case, display speed, angle, etc.